Current location:Global Glance news portal > style
Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report
Global Glance news portal2024-05-22 11:02:06【style】6People have gathered around
IntroductionContact Us HomeNewsHighlightACWF NewsSocietyWom
- Home
- News
- People
- In-depth
- ACWF
Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report
March 2, 2022BEIJING, March 1 (Xinhua) — With a burgeoning "silver economy" boosted by a growing number of Chinese seniors, consumption by the age group could contribute about 10 percent of China's gross domestic product (GDP) in 2030, according to a report released on Tuesday.
Calculated at 2010 prices, the total consumption of the elderly population is expected to reach 12-15.5 trillion yuan (about 1.9-2.46 trillion U.S. dollars) in 2030, accounting for 8.3-10.8 percent of the country's GDP, said the report issued by the China Research Center on Aging.
In 2050, the group's total consumption is estimated to soar to 40-69 trillion yuan, making up 12.2-20.7 percent of the country's GDP, it said.
China has 264 million people aged 60 years and above, accounting for 18.7 percent of its 1.4 billion population, according to the seventh population census conducted in 2020.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Address of this article:http://saintlucia.cassettedesign.com/article-08f399960.html
Very good!(5649)
Related articles
- Scheffler back to work at Colonial and Stricker returns to Senior PGA in Michigan
- Xi sends reply letter to Butuka Academy of Papua New Guinea
- Xi Inspects Command Office for East China Sea Area of China Coast Guard
- Fighting to understand the concept of beauty
- Iran's nuclear policy unlikely to change even after president's death
- Adorable children danced with dragons to celebrate the Spring Festival and welcome Lantern Festival
- Chinese swimming team breaks record in mixed 4x100m freestyle relay final in Doha
- Xi, Uruguayan President Hold Talks, Elevate Ties to Comprehensive Strategic Partnership
- Victims of UK's infected blood scandal to receive final compensation payments
- Asia's manufacturing PMI rebounds to 50.4
Popular articles
Recommended
Testimony at Sen. Bob Menendez's bribery trial focuses on his wife's New Jersey home
Xinjiang's RMB cross
Cultural conference opens in Xinjiang
Xi Urges Ceasefire in Gaza, Stresses Two
Wayne Bennett, at 74, signs a 3
China's STEM programs rank among world's best
Experiencing traditional crafts at China International Fair for Trade in Services
Constructing a good story
Links
- Trump is limited in what he can say about his court case. His GOP allies are showing up to help
- Israeli army carries out airstrikes on eastern Rafah
- AP Week in Pictures: Europe and Africa
- Biden and Netanyahu's relationship faces strain of deepening war
- Corbin Carroll hits a 2
- Chevrolet Malibu heads for the junkyard as GM shifts focus to EVs
- WNBA to use charter flights full time in upcoming season, addressing player safety concerns
- Air Vanuatu files for bankruptcy protection after canceling more than 20 flights
- Average long
- Pregnant Jenna Dewan shops for baby clothes in LA after accusing ex